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PostPosted: Tue Dec 03, 2019 11:01 am 
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For any super Uber geeks there is an interesting US radio show interview with Hubert Horan.

This fella is top Transport expert and his views on Uber are very similar to many on here, however he looks at it from outside of the trade whereas we have vested interests.

Worth a listen to when sitting in the car waiting for a job.

Starts at 10.20 https://harryshearer.com/wp-content/upl ... 20119_.mp3

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PostPosted: Wed Dec 04, 2019 1:29 am 
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Interesting short piece about the struggles Uber is having in many cities.

https://qz.com/1759492/uber-faces-tight ... nt-cities/

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PostPosted: Wed Dec 04, 2019 8:39 pm 
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Uber is a diverse technology not solely dependent on the taxi markets

It will win thru

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PostPosted: Wed Dec 04, 2019 8:47 pm 
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wannabeeahack wrote:
Uber is a diverse technology not solely dependent on the taxi markets

It will win thru

Not sure if win thru is the words I would use, more they will survive.

But it wont be under the current management, and I suspect it will require extra funding rounds which will dilute further the value of the shares of the mugs who invested in May.

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PostPosted: Sat Dec 07, 2019 2:34 am 
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Closed this week at $27.86, down about 6% on the week.

Or about $3 Billion in hard cash.

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PostPosted: Sat Dec 14, 2019 6:02 pm 
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Closed $28.49 this week.

Little bit up on last week, but still about $30 Billion down since IPO.

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PostPosted: Sat Dec 14, 2019 6:40 pm 
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Sussex wrote:
Closed $28.49 this week.

Little bit up on last week, but still about $30 Billion down since IPO.



lets face it the hoped for crash never happened and I doubt it will they are too big to fail

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PostPosted: Sat Dec 14, 2019 7:14 pm 
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lets face it the hoped for crash never happened and I doubt it will they are too big to fail

A fall of 40-45% in less than a year is a crash, be in no doubt about that.

Will they fail is another matter, IMO they wont.

However they will need refinancing at some time in the next few years, and at that time the current shares will be worthless.

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